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News 695 views update:May 12, 2010

AB Enzymes acquires Quantum Phytase feed enzyme

AB Enzymes and AB Vista, both subsidiaries of Associated British Foods (ABF) plc, have announced the acquisition of Syngenta's Quantum Phytase feed enzyme business and technology.

AB Enzymes will take over responsibility for the Quantum supply chain and further product development, whilst AB Vista will manage Quantum sales & marketing.
Quantum Phytase is a unique enzyme with superior thermo-tolerance and efficacy, which will compliment the existing range of feed enzymes that
AB Vista currently markets. Quantum sales are growing strongly in Latin America and market penetration is expected to increase further when product registrations in other major markets are completed.
Aryan Moelker, CEO AB Enzymes, said “the addition of this unique new enzyme is exciting in that it broadens our technology base and enhances our market reach. We are now well placed to meet the increasing global demand for heat stable phytases. The joint goal of our partnership with
AB Vista is to build market leading positions in key feed enzyme segments. This acquisition significantly increases our opportunity to reach this goal.”
 
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